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Re: None

Sunday, 10/21/2018 9:43:57 AM

Sunday, October 21, 2018 9:43:57 AM

Post# of 298910
Easily 50/50 to certainty for relisting. A company that had became a shell was revoked from trading in September, 2014. It was reregistered by March, 2015. Even in 2009-2010, the stockholders in four of forty-one bankrupt companies emerged with something. Nothing as severe as those two examples has happened at MEC.

Clearly, companies that were Chapter 7 and Revoked: Would skew the outcomes level to zero. In fact that tends to be the case. Instead, even Company reported on Facebook: Company and SEC have agreement on a less expensive path, company accepted.

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After speaking with the SEC about our current situation, we agreed that the best course of action for us is to withdraw our registration, then re-file a Form 10 to re-register our stock. This route is the fastest and least costly means back to the OTC as a fully reporting company, so I plan to file the paperwork Monday morning to withdraw the registration of our stock. The form 10 filing requires two years audited financial statements, so we plan to begin the audit process and prepare the Form 10.

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